Has communications regulator Icasa just snatched away prime 5G spectrum from under the noses of South Africa’s big mobile operators?
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A Vodafone Group consortium and MTN Group submitted bids for permits to operate in Ethiopia that were much less than what was sought by the government, people with knowledge of the matter said.
The digital dividend will be released to telecommunications operators on a province-by-province basis, communications minister Stella Ndabeni-Abrahams said in parliament.
MTN Group has partnered with the International Finance Corporation to train mobile money agents across South Africa to target unbanked and underbanked segments of the population.
Vodacom spent more than R10-billion on its network in South Africa in the financial year to 31 March, outpacing rival MTN, as it ramped up investment to deal with soaring demand.
Vodacom Group is expanding its financial and e-commerce services in South Africa through a partnership with AliPay, seeking to accelerate growth in a market hampered by a lack of new broadband spectrum.
MTN South Africa has cut the effective price of prepaid data and voice calls with amendments to its EverydayGigs plan and by introducing a new plan called EverydayTalk.
Ethiopia’s decision to exclude mobile money from the terms of two new telecommunications licences cost the government about R7-billion from bid levels, Prime Minister Abiy Ahmed said.
Helios Towers plans to use an expansion into Oman to further its presence in the Middle East and North Africa, while it is also eyeing a potential deal in South Africa with MTN Group.
Former MTN Group CEO Phuthuma Nhleko has been appointed as non-executive director of the JSE from 1 July and will take on the additional role of chairing the board from next year.